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Romania

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Largest Polish Companies In Romania Invested Over EUR450M Locally, Created 3,000 Jobs
Companies

Largest Polish Companies In Romania Invested Over EUR450M Locally, Created 3,000 Jobs

The largest Polish companies operating in Romania have invested over EUR450 million since entering the local market.

Ecaterina Craciun · 24.04.2018 · 12:46 · 1 min
Eurostat: Romania Ranks Third Among EU States With Highest Government Deficit To GDP Ratio In 2017
Macroeconomics

Eurostat: Romania Ranks Third Among EU States With Highest Government Deficit To GDP Ratio In 2017

Romania ranks third among European Union Member States regarding the government deficit to GDP ratio in 2017 (2.9% of the GDP), after Spain and Portugal, Eurostat, the statistical office of...

Ecaterina Craciun · 23.04.2018 · 18:06 · 1 min
Eurostat: Romania Ranks Fifth Among EU States With Lowest Government Debt-To-GDP Ratio End-2017
Macroeconomics

Eurostat: Romania Ranks Fifth Among EU States With Lowest Government Debt-To-GDP Ratio End-2017

Romania’s government debt reached 35% of the gross domestic product at the end of 2017, the fifth lowest level in the European Union, Eurostat, the statistical office of the European Union,...

Ecaterina Craciun · 23.04.2018 · 17:32 · 1 min
Marius Costin, PayU Romania: Romania Boasts Highest Increase In Europe On E-Commerce Segment
Companies

Marius Costin, PayU Romania: Romania Boasts Highest Increase In Europe On E-Commerce Segment

It is very important for online stores to understand that a payment processor acts on their behalf and they are the first responsible for the data collection and processing. We think the GDP...

Ecaterina Craciun · 23.04.2018 · 16:27 · 1 min
Ten Largest Capital Injections By Foreign Shareholders In Companies In Romania Hit RON2B In 1Q/2018
Companies

Ten Largest Capital Injections By Foreign Shareholders In Companies In Romania Hit RON2B In 1Q/2018

The ten largest capital increases operated by foreign shareholders in local companies totalled RON2 billion in the first quarter of 2018, with five companies receiving capital injections of...

Ecaterina Craciun · 23.04.2018 · 12:56 · 1 min
OTP Bank Romania Cancels Acquisition Contract for Banca Romanesca
Banks-Insurance

OTP Bank Romania Cancels Acquisition Contract for Banca Romanesca

OTP Bank Romania has annulled its contract to acquire Banca Romaneasca from National Bank of Greece after being denied central bank approval for the deal.

Oana Gavrila · 19.04.2018 · 14:23 · 1 min
Mazda Sales In Romania Up 45% In 1Q/2018, To Over 500 Units
Automotive

Mazda Sales In Romania Up 45% In 1Q/2018, To Over 500 Units

Sales of Japanese automaker Mazda on the Romanian market surged 45% on the year in the first quarter of 2018, to 538 units, the company said in a statement on Wednesday.

Ecaterina Craciun · 11.04.2018 · 12:21 · 1 min
PwC: Romania Real Estate Transactions Top EUR1B In 2017
Companies

PwC: Romania Real Estate Transactions Top EUR1B In 2017

Romania’s transactions market reached a record high in 2017 and the real estate sector in particular saw a positive trend, with the total value of transactions exceeding EUR1 billion, up ove...

Ecaterina Craciun · 05.04.2018 · 13:27 · 1 min
Immofinanz 2017 Rental Income In Romania Reaches EUR49.8M
Companies

Immofinanz 2017 Rental Income In Romania Reaches EUR49.8M

Austrian-held real estate developer Immofinanz registered rental income of EUR49.8 million from its 15 properties in Romania, in 2017, accounting for 21.2% of the group’s overall rental inco...

Ecaterina Craciun · 05.04.2018 · 12:21 · 1 min